Better Markets Inc

Analysis

Better Markets Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in December 2010, 16 years ago. Its declared purposes cover social science, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Better Markets Inc reported income of $3.7m and spending of $3.9m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $3.7m (+52%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 51%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Better Markets Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 76th percentile within DC. Charities of a similar size with the same main cause include A Noise Within ($3.7m), The Independent Living Center Inc ($3.7m) and Silverlining Inc ($3.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $728k (19% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $3.8m against liabilities of $800k, net assets of $3.0m. It reported 18 employees.